500 million accounts compromised as Yahoo confirms data breach

There are reports that Yahoo will most likely soon confirm a massive data breach involving hundreds of millions of accounts.

Reports cite several sources as saying the breach is widespread and serious.

This comes at an especially bad time for Yahoo as it negotiates the sale of its core business in what was expected to be a $4.8 Billion transaction.

Read also: Apple eyes supercar maker McLaren

The price may go down; however, Verizon would essentially inherit this problem as it takes over.

Though details on exactly what was exposed in the breach have yet to be disclosed by Yahoo, we do know that the hack likely took place just this past August.

A hacker who goes by the pseudonym “Peace” claimed the attack and said they were selling the information on the dark web.

This could turn out very messy for Yahoo –hopefully it won’t turn out messy for users.

RipplesNigeria …without borders, without fears

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now